New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-12-06
NEBRASKA'S NEW SENATOR.
INTERESTING VIEWS on PUBLIC AFFAIRS

y-HIGH LICENSE IN NhbhAShA-''""
r1oxs ABOUT FINANCIAL 1fGIsLAri"N'
s..a,or Y Paddock, of Nebraska. who was elcctcn
loaf wntsr a. straight Republican to succeed No"a'or
r,har,es H. Van Wyck has been at the bhcNmRh"in
Hotel on his way TO Washington with his tamly' sen
,or pal,ock when secn by TRIBUNE reporter the
th.r was asked whether the Republican party was
a. strong as ever Ia his state
-yes" he replied. think that the party In Nebraska
k nov ia au it has several in orr
s.o+e Onr srperaI election this year was locally an
unirnpsrtant ene> We elected only Que Justice OF the
suprrpe Court and RelcntS of the University hut WINE
the vote light QUO an account "f the uninporth'c
Of the election the usual sarities were obtained Inc
conpty elections however we're very Important rs al
county officers chosen and they were unrers"y
favorable 10 the Republican party Many c"n"ues
naturally f,cpnbcan but which had been against us TOT
many years on account OF the Autobiography h'
Prohibition movements elected tttts year INC i' ~
publican tickets In my opird"n We shail give tue NO
publican candidate for tine Pr'ss'"ooy whoever tic may
be the largest majority have eTer given IA any eec
ton before" -
"Who Is the preference OF thc i'l'u'" " w.
State for the Presidency
Rls,ps undoubtei n.y. But tbere are many "Viers
who would be eutirely acceptable Allison mas many
friends In state 80 have Sherman h'"'"'"'
Hsrrtsnh snl others Phil Sheridan wonld pol COCA
pnto IN our S,sts Ans gona iiiate from NewforR
would be we'll received ~ peopie Frank iliSc"nR
has been yn,eh commended far his strong ana a"if
,canvass this year in TINS State and ~onid SAT- "n'
Republicans very we'll Hawley, OF Conneeticut' mas
many frisals with But whstrrer TIC pgeeihhc'ss
1herr IL a universal desire aiming Eepum cane III
Nebraska and indeed throughout the Whole Northwest
ta,at a nomination shah hs made which shSn &c
arnrev cd by the jndgne and the conscience Oh ~
party everywhere
What do you think Of the Prohistfen movement ANU
lis influence a. political fnctori'
think II tho Republican party Ia every state ~"uo
labor for the passage OF high license law oy theit
re,uecye LEGISLATURES, like that In force IN NeorasSa
that they would do moro to solve the frohi"ion
problem in this country and to remove th'' q"oS."
from politics than % done IN any other way me
great mass OF temperance men in our state are sase
with our law. Even the liquor dealers themselves VINO
at first violently opposed its passage now cheer'n!
accept 1t as a just and fair and use'ui statute Inc
Republican party has always been at the 'front.' w HI
progressive and reformatory legislation The SUBJECT
OF LEGISLATION in the interests OF temperance Is most
important one for the whole country anu IL Is the "u
of our party. In my opinion to advocate ana II p"Ss".
to secure enactments that shall carefully regulate anu
restrict the traffic in spirituous liquors 49,
What ia the business outlook In Nebraska ths wear
"Most encouraging Our crops we're in tho main
excellent We shall have on account OF the largely
acreage resulting from the opening up or new
farms larger crop OF corn which Is our great product
than ever before account OF the shortage IN oher
States which more seriously abec''u ny 'no
drouth than were we are already ee"ins nerN
douh
when tho crop was large everywhere throughout the
.orn holt Nearly miles railroad haze been Quilt
IN our State this year. AMI there has been large
Immigration Of the better class OF farmers chiey ro
the middle Western States There has been an enormous
increase in the packing OF hogs and cattle at ohahs
Lincoln and Nebraska City. but principally Al omth"'
which within two years advanced 10 the thrd p'ce
an the Lat Of cities most noted for this great industry
Manufacturing Interests deve.opins rapidly AT
Omaha, Beatrice and other i'm .oriaht points luz
popuaton OF the State has grown from ABOUT 5'ooooh
1850 to full, 100J00O in 1887, whioh eXpilns 'ho
phenomenal growth of the principal cities THIS Is the
true reason OF the great rise in realty values rather IMAM
The theory 40 generally adopted in the East that ills
simply the result of speculative boom In real estate
Without any OF business, population ana wealth
TO warrant It, There is not one man In thousand east
OF the Aliegbanios who has any conception OF the
enormous ma ltude of the business. the financial
strength the wonderful material and social develop
ment OF Great West. II more people would s'"ly
their own country by travel aud obs 'rvaton u w"nn
bo better for them and for the country nave hear'
an Intelligent estimate that $50, 100000 mas peeh
expended BY Americans IN European travel during the
past year. and venture the assertion that more tlh
half of this multitude which has been carried away ny
this European could not II ASKED by Intelligent
Europeans name third Of tn, capitals 81 the STATES
west OF the Allegh1nies or so1th OF tie ONO hVer'
M,ny of tIem DO not know whether Kansas CITY or Is
not in Kansas. ami whether Omaha il In XMAS OF
Nehr And yot Omaha is very near the centre Of the
Il Republic"
WESTERN REAL ESTATE VALUES MOI FICTITIOUS
"What ia your opinion were the causes OF the recent
money stringency tie effects OF which are We visible
and what legislation wOnll You Suggest - prevent 'H
recurrence OF sIch tro ubles 7"
This is yerylarge question and an ans wer sat 7'dc'-
ory even 10 myself could not be compressed into an
Interview OF this Bat thing is certain
the theory advanced by some at The East that TINS
disturbance was occasionei hy real estate sp-cuitoh'
IN tho West. is fallcDus. TIE appreciation IN real
estate valuations in the West is to >sult chiefly
OF an enormous Increase OF population pusin''S and
wealth In the years in That section During t'
period the agricultural AMI other industrial pir'W's
peculiar to the rural portion OF a' great country had
developed and increased 70 point ond the abity "i
the cities and towns which t' natural distributing
Centres to take OF the vastly ncreas-l business
incident 10 this phenomenal growth without CORE
sponng increase OF their facilities. The demand Tor
additional for new stores warehouses; mills
manufacturing establishments, etc. AMI for more resi-
dsnces for the largely increased number of people
employed under this order OF things naturally ani
lee1t,mately led to an appreciation in real estae
values This however. did not affect the East In any
vay except to increase the demand upon from that
section for more merchandise AM Manufactured ware
and commodities required by these prosperous con
dtons, which in turn demanded increased rcnfance'.
This actually caused Increase o. the flow o! money to
the eastward instead Of increased inflow from the
East n money went West for real estate Invest ncn co.
aud very little went for that prrpnset was sentI the
form OF Eastern bills Of exchange WAS Immediately de-
po.itel in bank IN Western c'y AM was IN cky
returned by such banks deposit 70 some bank in
NewYork r. it happened 70 be usel In the purchase OF
real estate most likely it went in'o the hanis OF s'e'
upon whose properly there mortgage Indebtedness
held by sou. Esstera capitalist p-rcaPs for many years
which was pail o. resulting Ia the run Of This money
too % the Est There has been great de OF this Sor
OF liquidation where sales have been ma &c to local
capitalists and this money so 10 speak has nne aiey
founi rs WAY to the East. NJ, sir, the Western
speculative theory will not do.
believe the recent stringencY was attributable to
pther causes entirely and among thcm do not include
the largely increased surplus in the Treasury aS tho
principal one The disastrous wheat detl the ignomni